Pages:
Author

Topic: Its Bitcoin a good way to save money for our kids? (Read 2410 times)

brand new
Activity: 0
Merit: 0
I think it's better to make an investment and maybe to top it up once in a while but the rest regular shares it's better to keep in a bank though.
copper member
Activity: 644
Merit: 0
POINTPAY
yes absolutely it is the best thing to save money for your kids because if you are doing short-term trading you may get loses in today's market condition if you invest in a long-term you don't really care what is the market condition.
jr. member
Activity: 475
Merit: 1
Tackling Climate Change Using Blockchain
yes bitcoin is a good way to save money for our kids. imagine those who bought bitcoin for their kids years ago, those kids are worth fortune now. so buying bitcoin for our kids is a good way to save money for them
full member
Activity: 471
Merit: 100
Crypto save for our kids bright future not a bad idea i think. Now good chances to save money because market will bull run next some months.
But i suggest don't put your all money in this place because if market dropping badly when you will be loss your child future.
member
Activity: 139
Merit: 13
It can be a good way to save money for kids through bitcoin because no one can say saving money by investing in bitcoin will go in vain because no one can predict the bitcoins future but if your friend is going to use his entire life savings I don't advice him to do that because even bitcoin is potential still it is new to the financial market and it is a unnecessary risk to take so the best thing to do is invest some amount in bitcoin which can do a big help for the child if bitcoin do well in the future
hero member
Activity: 1582
Merit: 523
In bitcoin price were always volatile so it is hard to rely the future by saving money for your kids in bitcoin. Might as well look for other ways to have safety your money than bitcoin. Were not certain the future of bitcoin although their is a possibility price could grow.
sr. member
Activity: 504
Merit: 250
I would save money for my kids in different ways and one of them sure be bitcoin. It is too volatile to surrender all to it.
twa
full member
Activity: 320
Merit: 100
BitSong is a decentralized music streaming platfor
I think investment is done for the purpose of increasing the economy of the holders for the problem of whether good or bad depends on the intention and purpose of the investor himself in investing with bitcoin
hero member
Activity: 1764
Merit: 505
#SWGT PRE-SALE IS LIVE
It's better to do both save Bitcoin and save money in the banks,if you have savings in Bitcoin and you have savings also in the bank you have a option if you need urgently fiat because we cannot assure that Bitcoin price is always high due to it's market volatility.
sr. member
Activity: 2254
Merit: 258

A friend of mine started to save money in BTC for his son.
Now he is in worry about the idea because of this last dropping months.

I told him to re-load some BTC up to lower the average.
If you have any suggestions about this please share

Its BTC a good way to save money for our kids?
Will this pay them a car? the university? a house? nothing at all?


With the current market price, people will have second thought saving Bitcoin for their kids, they could be losing a lot if they do that today, at this point in time it's not practical anymore, better use fiat since Bitcoin is highly volatile and you can end up nothing.
member
Activity: 1764
Merit: 10
It is difficult to say of course, because the actions on the market are constantly changing and, as we see, everything always happens for the worse. I think that as long as the big players will be interested in bitcoin, everything will be fine with bitcoin, and if the big players will lose interest in bitcoin, then a collapse may occur.
full member
Activity: 1708
Merit: 105
for me yes because if we kids don't know bitcoin, the real money is us even though the ones who run out we still have bitcoin to make money and be saved
it seems that I am the same as you, now my children are not familiar with bitcoin. still given the need for money but I always keep bitcoin for investment and when needed it can be used
sr. member
Activity: 826
Merit: 265
If we are talking about for future investments,then you came to the right place because this is the future of currency and the future of technology

Actually its been recently that i started to realize this thing so right away i start buying bitcoin for my childrens.15% of my monthly wage goes to this investing,and another 10 is for my own future use.

Meaning 25% of my compensation turns as an investment and lets see what happen for the next 5-10 years
full member
Activity: 672
Merit: 105
Of course, I agree that we must have a deposit of money for the future of our children. Saving money on Bitcoin in my opinion is a very good idea, where we can save our money at the same time will get a profit if the price rises later, but I will not save all my money in Bitcoin just in case something is not expected happens with my Bitcoin wallet.
full member
Activity: 651
Merit: 101
$CYBERCASH METAVERSE
save money for children is better at the bank, because this can be one of the good moments. bitcoin is just an intermediary to get profit so my suggestion is to stay in the position of bitcoin to get profit and save it in the bank
jr. member
Activity: 78
Merit: 1
I think it is not impossible to regain the lost profit along the process to bullish market. Normally, to  worry is bearable specially seeing the market good opportunity to buy more bitcoin for the future of his children. The market cycle will be back on tract to recover once hitting the mark of decline limitation.
sr. member
Activity: 896
Merit: 272
OWNR - Store all crypto in one app.

A friend of mine started to save money in BTC for his son.
Now he is in worry about the idea because of this last dropping months.

I told him to re-load some BTC up to lower the average.
If you have any suggestions about this please share

Its BTC a good way to save money for our kids?
Will this pay them a car? the university? a house? nothing at all?

It is a good idea as long you keep your bitcoin in a safe wallet. About paying the car , university or other things well I think we can use bitcoin because at this current day bitcoin already consider money or fiat. Aside from saving bitcoin I suggest try to keep some altcoin that have potential like bitcoin.
full member
Activity: 560
Merit: 108
If you succeed, Bitcoin a good way to save money for our kids but If we failed to do it so it will become the bad way than. So, be careful when you investing to something especially to bitcoin. Do our own research before jump into it. Good luck.
member
Activity: 221
Merit: 10
I know that it is hard to believe in bitcoin after dropping the price recently, and I believe that all bitcoin holders now are worried about losing out their assets. Moreover, there is no body or even single entity guarantee bitcoin. All is on our hand, therefore the bitcoin holders should realize and deal with the risk of investing in Bitcoin.

jr. member
Activity: 229
Merit: 1
🔰FERRUM NETWORK🔰

A friend of mine started to save money in BTC for his son.
Now he is in worry about the idea because of this last dropping months.

I told him to re-load some BTC up to lower the average.
If you have any suggestions about this please share

Its BTC a good way to save money for our kids?
Will this pay them a car? the university? a house? nothing at all?

Yes is good to save money from bitcoin but much better to save your money from bitcoin then convert it to cash save it to the bank for your kids so it will be hassle to them when they need a money immediately. And as of now that bitcoin is drop in low price the we can do now is hodl it then when it go higher again grab the opportunity so you can save again a money for your kids.
Pages:
Jump to: